US Stock Rally Set to Stall; GOP Hits SALT Snag; Qatar Economic Forum | Bloomberg Brief 05/20/2025
May 20, 2025
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43:42Now PlayingUS Stock Rally Set to Stall; GOP Hits SALT Snag; Qatar Economic Forum | Bloomberg Brief 05/20/2025
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as posted by the channel“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. US equity futures decline, Treasury yields rise amid investor bets that the rest of the world's stocks would outperform US stocks. President Trump appears to disengage from truce talks between Ukraine and Russia. House Republicans fail to arrive at an agreement on the SALT deduction cap ahead of a vote on a landmark tax bill. Home Depot reports before the bell. Conoco Philips CEO Ryan Lance says he expects a return of moderated US shale production growth. Erik Nelson of Wells Fargo says the dollar will weaken if the US exceptionalism story continues to fade.
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